Loan Assistant

Overview

Merchants and Marine Bank has been proudly serving the communities along the Gulf Coast since 1899. If you are highly motivated, enthusiastic and thrive in a team environment, we have an opportunity that may be right for you.

Why Work for Us

• Medical, Vision and Dental Insurance
• 401-K Plan
• 11 Paid Holidays
• Personal Paid Time Off
• Term Life, AD&D and Disability Insurance
• Student Loan and Tuition Assistance
• Fitness Center Reimbursement

Job Overview

The Loan Assistant supports Community Bankers, Business Bankers, and Market Presidents with duties related to business development, and meeting the lending needs of customers. This individual facilitates the loan process in accordance with established lending policies.

Duties and Responsibilities

• Facilitates the loan process by preparing, proofing, and parceling loan packages and loan renewals. Communicates with lender on renewals needing to be started and processing those to keep off past due report.
• Initiates the loan files and orders early disclosures to begin the process to move forward quickly from request date.
• Obtains and prepares relevant loan documents including appraisals, estimates, environmental reports, credit reports, title documents, identification documents, insurance information, required disclosures, and/or all other items required by Bank lending policies and applicable law.
• Sends loan packages ready for closing to Loan Ops. Schedules loan closings and facilitates documents for signing with customers for loan closings. Prepares disbursements from loan closings.
• Serves an intermediary between customers, partners, and Community Banker or Business Banker. Assists with issue resolution, as needed.
• Inputs data into Decision Pro/Laser Pro, Navigator, and/or other systems.
• Maintains loan portfolio by performing quality checks of files. Assists Lending Officers with portfolio maintenance.
• Monitors maturities, past dues, and other ticklers for exceptions. Takes appropriate action to resolve exceptions as needed.
• Initiates initial collections action for past due accounts, according to Bank policies and applicable law.
• Manages customer account draws as directed by Lender. May manage other routine transactions as requested by a customer or Lender, and as allowed by Bank policy and applicable law.
• May assist with creating or gathering documents in support of audits or in the evaluation of loan operations performance.
• Performs other duties as assigned.

Qualifications

• High school diploma or equivalent is required. BS Degree in Finance, Business Administration, or related field preferred.
• 3 years of relevant experience at a bank or financial institution, and/or loan experience is preferred.
• Must have working knowledge of applicable banking and compliance laws, and regulations.
• Must be proficient with Microsoft Office products. Must be proficient with Navigator and Laser Pro/ Decision Pro or similar technology. Must have knowledge of NADA appraisal system. Must have strong data entry skills.
• Must possess exceptional time management skills and have the ability to organize, prioritize, and perform multiple tasks simultaneously.
• Must possess strong communication and organizational skills. Must be able to prioritize tasks and work initiative.
• Must be able to maintain confidentiality.

Working Conditions and Physical Requirements

• While performing the duties of this job, the employee is regularly required to remain in a stationary position, primarily at a desk. The work environment is typically located indoors but may have infrequent occasion to work outdoors. Some travel may be necessary to other businesses and branch locations.
• The employee is frequently required to operate a computer, printer, copy machine, calculator, telephone, and/or other office equipment.
• The employee frequently exchanges information with others and must be able to do so in an effective manner. Must have the ability to communicate clearly and effectively, both verbally and in writing, and across a variety of audiences.
• The employee may frequently move items up to 20 pounds and occasionally move items up to 50 pounds.
• The employee may frequently reach for files, books, and similar items in high or low places and must have the ability to bend, stoop, or reach.
• They typical schedule is 40 hours per week, Monday through Friday. Overtime or extended hours may be occasionally required.